Energy contract prices in Belgium have risen by 95% within 1 year

Energy contract prices in Belgium have risen by 95% within 1 year

Energy costs also exploding in Belgium, particularly price of gas weighing on country

BRUSSELS (AA) - In Belgium, the average price paid for a new energy contract signed in October will be €5,988.95 ($5,862.64) per year, according to the Belgian Regulatory Commission for Electricity and Gas (Creg).

Compared to October 2021, this is a 95.3% increase from €3,066.60 in one year, according to the Belgian business daily L'Echo.

The figure is also 17% higher compared to September's €5,104.50 per year.

It is mainly the gas price that weighs on the bills an estimated €3,564.43 per year for the whole country, an increase of almost 20% compared to the previous month.

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